Calamp Corp. (CAMP) Misses Q2 EPS by 3c

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CalAmp Reports Fiscal 2021 Second Quarter Financial Results

September 24, 2020 4:05 PM EDT

IRVINE, Calif., Sept. 24, 2020 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today reported financial results for its second quarter ended August 31, 2020. 

"Our second quarter results reflect strong sequential growth in our Software and Subscription Services revenue primarily due to increased installation activity across our geographies as automotive dealerships and school districts advanced plans for reopening, and further supported by solid demand for our K-12 fleet management and LoJack International services," said Jeff Gardner, CalAmp's president and chief executive officer. "Additionally, our... More